Market & Industry
NIO Capital invests in GaN epitaxial materials developer Enkris Semiconductor
NIO Capital invests in GaN epitaxial materials developer Enkris Semiconductor

Enkris Semiconductor, a Chinese manufacturer of GaN epitaxial materials, recently bagged hundreds of millions of yuan in its Series C financing, which was co-led by several investors like NIO Capital.

Dec. 8 , 2022
Tesla sells 100,291 China-made vehicles in November 2022
Tesla sells 100,291 China-made vehicles in November 2022

In November 2022, Tesla sold 100,291 China-made vehicles in wholesale, representing an outstanding 89.73% leap over the previous year, according to the China Passenger Car Association (CPCA).

Dec. 8 , 2022
China's locally-made PV retail sales drop 9.5% YoY in Nov. 2022
China's locally-made PV retail sales drop 9.5% YoY in Nov. 2022

In Nov. 2022, China's passenger vehicle (PV) retail sales amounted to 1.669 million units, sliding 9.5% compared to the previous year, while also dipping 10.5% from the previous month, according to the China Passenger Car Association (CPCA).

Dec. 8 , 2022
Geely Automobile’s November auto export volume leaps 43% YoY
Geely Automobile’s November auto export volume leaps 43% YoY

China’s major automaker, Geely Automobile Holdings Limited (Geely Automobile) scored a 7% year-on-year growth in its November sales, according to the company’s sales report.

Dec. 7 , 2022
Toyota, Honda, Nissan see YoY cutback in November China sales
Toyota, Honda, Nissan see YoY cutback in November China sales

​In November 2022, the three major Japanese automakers, namely Toyota Motor, Honda Motor, and Nissan Motor all faced a year-on-year dip in their monthly sales in China, with Nissan Motor taking the biggest hit.

Dec. 7 , 2022
China’s Tuopu Group breaks ground on factory in Anhui’s Shouxian county
China’s Tuopu Group breaks ground on factory in Anhui’s Shouxian county

Chinese automotive supplier Ningbo Tuopu Group recently broke ground on its smart manufacturing factory in Shouxian county, Anhui province, which will serve such automakers as NIO and BYD.

Dec. 7 , 2022